Nuclear (& gas) have officially been added to the program. Massive news for the Uranium industry and will result in a lot more demand and investment!
To those new to the EU Taxonomy topic it is:"a highly technical set of rules, called the "EU Taxonomy", about what classifies as "sustainable" so that private investors can decide where to put funds, the commission says."
Despite the opposition by a few member countries - Germany, Austria, Luxembourg, Spain, Nuclear has been placed in the program. However, we will have to wait 4 months for it to officially be put into action (which looks almost certain - see below).
"...But the decision to label both controversial industries as "green" is not yet final. In addition to the threat of legal action from Austria and Luxembourg, the European Parliament and the council of heads of state have four months to consider the suggestion and object to it. The bar is, however, relatively high. In order to block the commission's proposed plans, either a majority of parliament members or at least 20 of the 27 national leaders are needed"
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